Re: IOTA ICO Price?

Community gatherd 1337 BTC (including JINN assets) for 999 999 999 so called "old iotas".
We send BTC without escrow to BTC address, there were no beta at this time, only whitepapper and hope that cfb will write code.

Full crowdsale info and distribution from that time https://tangle.ninja/iota/crowdsale
But it was long long ago.

So one old Iota in ICO was 0.00000133

Quote from: Come-from-Beyond on April 22, 2016, 08:08:36 AM

1 000 000 OLD IOTA != 2 779 531 000 000 IOTA. That number was rounded. Just FYI.

so 1 old IOTA is 2 779 531 new IOTA or 2.78 mIOTA

mIOTA was in ICO 40.65 satoshi.
gIOTA was in ICO 40647 satoshi or 0.00040647 BTC

so price rose 33 times so far.

Thank you very much for the conversion work. I am sill very interested in the IOTA ledger, but at 33 times the ICO price i'd rather wait for it to gain some liquidity on exchanges. But i am still looking at alternative ways to invest in IOTA, and in my search work i noticed there is another asset called UNITY/SuperNET that has a nice stash of IOTA tokens in its portfolio (348 BTC bought on crowdsale) -> http://www.supernet.org/nav.php, which is a good opportunity considering the current price, BUT i am more interested in assets of only IOTA tokens...so my questions is, are the JINN assets linked to this one or i made a mistake? https://coinmarketcap.com/assets/jinn/

If you or anyone else could explain me in details how they are supposed to work, i would really appreciate.

The https://tangle.ninja/iota/crowdsale is not working anymore Cry

It's the problem of looking back rather then looking forward.
It doens't really matter what the price of IOTA now, if you think that it will go 10x UP from now.

Example:
1 USD current price --> 10 USD end of 2016 price. You make 10x profit.
33 USD current price --> 330 USD end of 2016 price. You make the same 10x profit.

You see it? 1$ or 33$ doesn't matter, the question is always what you think it will be worth in the future.

Roll Eyes